Cities with the fastest growing home prices in Ann Arbor metro area

Written by:
November 23, 2022
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Cities with the fastest growing home prices in Ann Arbor metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Ann Arbor, MI metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 9 cities and towns with data available were included in the list.

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1 / 9
Stacker

#9. Whitmore Lake, Whitmore Lake

- 1-year price change: +$24,312 (+7.3%)
- 5-year price change: +$109,851 (+44.6%)
- Typical home value: $356,303 (#5 most expensive city in metro)
2 / 9
Stacker

#8. Manchester, Manchester

- 1-year price change: +$27,739 (+9.6%)
- 5-year price change: +$89,134 (+39.3%)
- Typical home value: $315,818 (#8 most expensive city in metro)
3 / 9
Stacker

#7. Superior, Superior

- 1-year price change: +$32,520 (+12.0%)
- 5-year price change: +$100,283 (+49.3%)
- Typical home value: $303,771 (#9 most expensive city in metro)
4 / 9
Stacker

#6. Ypsilanti, Ypsilanti

- 1-year price change: +$37,755 (+13.5%)
- 5-year price change: +$109,080 (+52.3%)
- Typical home value: $317,828 (#7 most expensive city in metro)
5 / 9
Stacker

#5. Augusta, Augusta

- 1-year price change: +$37,854 (+13.5%)
- 5-year price change: +$95,036 (+42.6%)
- Typical home value: $318,194 (#6 most expensive city in metro)

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6 / 9
Stacker

#4. Saline, Saline

- 1-year price change: +$38,868 (+9.6%)
- 5-year price change: +$106,330 (+31.5%)
- Typical home value: $443,890 (#3 most expensive city in metro)
7 / 9
Stacker

#3. Chelsea, Chelsea

- 1-year price change: +$40,975 (+12.3%)
- 5-year price change: +$104,659 (+38.7%)
- Typical home value: $375,162 (#4 most expensive city in metro)
8 / 9
Stacker

#2. Ann Arbor, Ann Arbor

- 1-year price change: +$45,836 (+10.5%)
- 5-year price change: +$122,592 (+34.1%)
- Typical home value: $482,100 (#1 most expensive city in metro)
9 / 9
Stacker

#1. Dexter, Dexter

- 1-year price change: +$48,103 (+11.8%)
- 5-year price change: +$122,866 (+37.0%)
- Typical home value: $455,354 (#2 most expensive city in metro)

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